Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
News
BigLaw Vs. In-House - By the Numbers - According to Legal Evolution, gathering numbers from the U.S. BLS, in-house is growing much faster than other sectors (namely, government and law firms). More here.
AngelList Launches AngelList Stack - The program is a suite of products aimed at helping founders start, operate, and maintain ownership over their companies. More here.
Malbek Secures $15.3M - The Series A funding signals a new wave of CLM investment interest. The funding round was led by Noro-Moseley Partners with TDF Ventures and Osage Venture Partners. More here.
SoftBank Makes 1st #LegalTech Investments - SoftBank invested in the IP protection startup, MarqVision, contributing to the $5M Seed round with Y Combinator. ContractPodAI raised $115M in a funding round also led by Softbank, making two #legaltech investments for the Japan-based conglomerate in one week. More here and here.
Robin AI Chosen to Join Applied AI Accelerator Program - The NLP-driven contract review ALSP company is one of 32 companies to join the Tech Nation program, backed by Wilson Sonsini, and is the only #legaltech business to join thus far. More here.
Zuva Completes $15.75M Series A - the Kira Systems API-driven platform company secured the funding round with Insight Partners and Litera's owner Hg contributing. More here.
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Utah opened for public feedback a proposal to allow law graduates to become licensed without taking the bar exam, following the lead of other states that have adopted alternative licensing pathways in recent months.
Closing arguments will be held in early May 2024, with Judge Mehta saying he was still undecided on which way to rule.
LawCatch Inc., the company behind BriefCatch legal editing software, has successfully raised $3.5 million in an oversubscribed seed round of funding. The lead investor in the funding round was TIA Ventures (www.tiaventures.com), and other notable participants included RiverPark Ventures, C2 Ventures, and Wilson Sonsini Investments Co. This investment round enables TIA Ventures to take a seat on LawCatch's board as well.
Negotiation skills are useful in a personal and a business context. This guide provides helpful tips on what to think and prepare for before and during a negotiation.
Business risk assessment and crisis management in a geopolitically unstable world.
The United States and UK have agreed to jointly develop and test AI safety measures, aiming to set global standards for responsible AI use.
Kraft Heinz and NIKE Appoint New Chief Legal Officers: Corporate legal leadership sees a dynamic shift as Kraft Heinz appoints Angel Shelton Willis as Executive VP and Global General Counsel, while NIKE promotes Rob Leinwand to Chief Legal Officer.
Allegations of violating federal securities law and misleading statements to investors continue to plague the company.
Dentons and Gunderson Dettmer are pioneering the integration of generative AI in legal practice with the launch of proprietary tools, fleetAI and ChatGD. This article explores how these innovative solutions will transform legal research, content generation, and client service delivery, reflecting the legal industry's growing embrace of technological advancements.